Relative Strength Index (RSI)
By Cryptomcmillan1 | Updated on May 24, 2020
Relative Strength Index (RSI) is a popular technical indicator used to analyse financial markets. By charting the current and historical closing prices to evaluate overbought/oversold conditions, RSI oscillates between 0 - 100, with <30 indicating oversold and >70 indicating overbought.
Related Terms
Block Height
A number that is used to indicated the position of a particular block within a blockchain
All-Time-Low (ATL)
The lowest point (in price, in market capitalization) that a cryptocurrency has been in history.
Ponzi Scheme
A Ponzi scheme is also referred to as pyramid scheme, and typically takes the form of an investment scheme which pays existing investors with funds collected from new investors.
Trading Volume
The amount of the cryptocurrency that has been traded in the last 24 hours.
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